Debt relief in
Nova Scotia

Explore your debt relief options in Nova Scotia, Canada.

Find an office near you.

A graphic that includes an image of Lunenburg, Nova Scotia and the Halifax Town Clock on Citadel Hill in Nova Scotia.
Mean appearing on the screen of a laptop screen explaining the benefits of filing a consumer proposal

Grant Thornton offers Nova Scotians judgment-free solutions to their debt.

As Licensed Insolvency Trustees and debt solutions professionals in Nova Scotia, we’re regulated by the federal government, meaning we’re the only professionals authorized to offer debt repayment solutions, like consumer proposals and bankruptcy. We provide free, no obligation consultations to help get you back on track with your finances. Book yours today!

Consumer proposals in Nova Scotia

Consumer proposals are becoming one of the most popular debt management solutions for Nova Scotians struggling with debt. As an alternative to bankruptcy, a consumer proposal is a legally binding repayment agreement between you and your creditors. A Licensed Insolvency Trustee will negotiate on your behalf to settle your unsecured debt (credit cards, income tax debt, payday loans, etc.) into a single, interest-free payment.

Image of a middle aged woman sitting on a couch with her laptop. She is researching how to file a bankruptcy in Canada. Around her image, illustrations of a calculator, numbers, a cheque and a lightbulb float.

Filing for bankruptcy in Nova Scotia.

Personal bankruptcy is a common debt solution that allows you to clear almost all your debt, including income tax debt, credit card debt, overdue utility bills, lines of credit, and loans. Before you decide to file for bankruptcy, it’s important to consider all other debt repayment options. Your Licensed Insolvency Trustee (LIT) will help you decide if declaring bankruptcy is the best choice for you.

Other debt relief options available in Nova Scotia

  • Credit counselling: Credit counselling is a nonprofit service that helps Nova Scotians who are struggling with their finances. Your credit counsellor can help you with budgeting, financial literacy or managing debt payments through a debt management or settlement plan.
  • Orderly Payment of Debts: This debt repayment option is only offered in Nova Scotia and Alberta. An Orderly Payment of Debts combines your unsecured debt into one monthly payment with an interest rate of 5% to be paid back over three years. Certain types of debt, such as income taxes or business-related debt, can’t be included. This process can only be administered by provincial credit counsellors.
  • Debt consolidation: Debt consolidation loans are offered by lenders like banks and combine some or all your debt into a single monthly payment. Aside from reducing your number of bills, debt consolidation loans can also offer a lower interest rate.

Your local Nova Scotia Licensed Insolvency Trustees

Trusted, regulated, and knowledgeable debt solutions professionals in your neighbourhood.

We’re proud to be in the following Nova Scotia communities:

We're able to service all of Nova Scotia via phone or video call. If you don't see your city below, we may still be able to help.

Book your free consultation to learn more.

Antigonish

220 Main Street, Suite 204

Bridgewater

197 Dufferin Street, 4th Floor

Halifax

1675 Grafton Street, Suite 1000

New Glasgow

610 East River Road, Suite 270 (Aberdeen Business Centre)

Sydney

90 San'tele'sew Awti, Suite 301 (Membertou Place)

Truro

201 Robie Street, Suite 200

Take the first step to debt freedom

Speak to one of our debt solutions professionals during a free, no-obligation consultation.

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